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BRIEF-Air Canada expects to see improved performance in domestic market- Conf call

Published 2017-02-17, 01:04 p/m
© Reuters. BRIEF-Air Canada expects to see improved performance in domestic market- Conf call
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Feb 17 (Reuters) - Air Canada AC.TO -

* Making further investments into the U.S. based on strength of the market and on the favorable currency - Conf call

* Expect to see improved performance in domestic market due to potentially better economic indicators from Alberta, stable economy in Canada

* On the Atlantic, despite a challenging Q1, see improvements as co moves into Q2 and especially Q3 - Conf call

* Air Canada says also seen a major stablization in South America with the Brazilian and Peruvian markets dramatically improving - Conf call

* Air Canada says expect 2017 capex of $1.8 billion, net of sale, leaseback proceeds - Conf call

* Air Canada says expect free positive cash flow in the range of $200 to $500 million in 2017 - Conf call Further company coverage: AC.TO

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